Samsonite International S.A. (OTCMKTS:SMSEY) Short Interest Update

Posted by Doug Wharley on Oct 13th, 2024

Samsonite International S.A. (OTCMKTS:SMSEY – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 13,900 shares, an increase of 80.5% from the September 15th total of 7,700 shares. Based on an average trading volume of 18,900 shares, the days-to-cover ratio is presently 0.7 days.

Wall Street Analysts Forecast Growth

Separately, Dbs Bank upgraded shares of Samsonite International to a “strong-buy” rating in a research report on Thursday, August 15th.

View Our Latest Research Report on SMSEY

Samsonite International Price Performance

Shares of SMSEY traded up $0.01 during midday trading on Friday, hitting $13.32. 1,245 shares of the company traded hands, compared to its average volume of 16,146. The stock has a 50-day moving average of $12.61 and a 200-day moving average of $14.93. Samsonite International has a one year low of $10.90 and a one year high of $20.06. The firm has a market cap of $3.89 billion, a P/E ratio of 9.18 and a beta of 0.47.

Samsonite International (OTCMKTS:SMSEY – Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.30 earnings per share (EPS) for the quarter. Samsonite International had a return on equity of 26.06% and a net margin of 11.67%. The business had revenue of $908.90 million during the quarter. Sell-side analysts forecast that Samsonite International will post 1.25 EPS for the current fiscal year.

Samsonite International Company Profile

(Get Free Report)

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.